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Landmark Rulings

Direct Tax landmark rulings

15,755 rulings

  1. ITAT Mumbai · 01 Jun 2026
    Mumbai ITAT Quashes CIT(A) Disallowance under Section 80P(2)(d) for Lack of Enhancement Notice: Upholds Deduction on Co-operative Bank Interest

    New Bombay Co-operative Commercial Premises Society Ltd Vs ITO

    (2026) TaxCorp(LJ) 38140 (ITAT-MUMBAI) · Section 80P(2)

  2. ITAT Mumbai · 01 Jun 2026
    Mumbai ITAT Affirms Section 80-IB Deduction on Scrap Sales, Forex Gains, and Sundry Write-Backs Directly Linked to Manufacturing Activity

    Hitech Corporation Limited Vs DCIT, ACIT

    (2026) TaxCorp(LJ) 38139 (ITAT-MUMBAI) · Section 80-IB

  3. ITAT Ahmedabad · 01 Jun 2026
    Ahmedabad ITAT Quashes Section 270A Penalty Where AO Made No Addition and Failed to Specify Underreporting or Misreporting Limb

    Ansh Organisers Private Limited Vs DCIT

    (2026) TaxCorp(LJ) 38138 (ITAT-AHMEDABAD) · Section 270A

  4. ITAT Mumbai · 11 May 2026
    Mumbai ITAT Rules CIT(A) Must Admit and Examine Fresh Deduction Claim Under Section 32AC; Procedural Delay Not Sufficient Ground for Rejection

    Apar Industries Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38137 (ITAT-MUMBAI)

  5. ITAT Hyderabad · 11 May 2026
    Hyderabad ITAT Quashes Time-Barred Reassessment Notice Issued under Section 148, Upholds Mandate of First Proviso to Section 149

    Tulsi Dasari Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38136 (ITAT-HYDERABAD)

  6. ITAT Mumbai · 11 May 2026
    ITAT Mumbai Quashes Section 68 Addition for Struck-Off Shareholder Where No Fresh Capital Was Received in Relevant Assessment Year

    Lan Finance Private Limited Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38135 (ITAT-MUMBAI) · Section 68

  7. ITAT Mumbai · 11 May 2026
    Mumbai ITAT Affirms Tribunal’s Authority to Entertain Fresh ESOP Deduction Claims Despite Procedural Omissions: Oracle Financial Services Software Ltd. Case Remanded for AY 2011-12 & 2012-13

    Oracle Financial Services Software Limited Vs Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38134 (ITAT-MUMBAI)

  8. ITAT Hyderabad · 08 May 2026
    Hyderabad ITAT Quashes Section 68 Addition: No Justification for Treating Related Party Loans as Colourable Device When Identity and Genuineness Established

    PTG Estates LLP Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38133 (ITAT-HYDERABAD)

  9. ITAT Hyderabad · 08 May 2026
    Hyderabad ITAT Invalidates 143(1) Adjustment for FY 2022-23: CPC’s Denial of Sec. 115BAB Benefit without Prior Intimation Held Illegal

    Aragorn Renewable Energy Private Limited Vs Dy.CIT

    (2026) TaxCorp(LJ) 38132 (ITAT-HYDERABAD) · Section 143(1)

  10. ITAT Lucknow · 08 May 2026
    Lucknow ITAT Quashes Reassessment for Absence of Section 143(2) Notice Despite Return Filed Post Section 148 Notice

    Arun Kumar Maurya Vs Addl. Commissioner of Income Tax, ITO-2(1)

    (2026) TaxCorp(LJ) 38131 (ITAT-LUCKNOW) · Section 143(2)

  11. Calcutta High Court · 08 May 2026
    Calcutta High Court Orders Refund of Excess Adjustment Beyond 20% of Disputed Demand Due to Violation of Section 245's Due Process

    P. S. Srijan Height Developers Vs ACIT

    (2026) TaxCorp(LJ) 38130 (HC-CALCUTTA) · Section 245

  12. ITAT Delhi · 08 May 2026
    Delhi ITAT Rules Disallowance Under Section 14A Unwarranted in Absence of Exempt Income, Advances Properly Accounted for as per PoCM, and No Tax on Hypothetical Income

    Aamby Valley Ltd. Vs DCIT

    (2026) TaxCorp(LJ) 38129 (ITAT-DELHI)

  13. Madras High Court · 08 May 2026
    Madras High Court Upholds Deferred Income Recognition of Timeshare Membership Fees by Mahindra Holidays: Advance Receipts to be Taxed Over Contractual Tenure

    Mahindra Holidays and Resorts (India) Ltd Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38128 (HC-MADRAS)

  14. ITAT Delhi · 08 May 2026
    ITAT Delhi Refuses to Condon Delay of 2856 Days in Appeal Filing, Emphasizes Service of Lower Appellate Order on Assessee

    Ashutosh Malik Proprietor GEE ESS Textile Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38127 (ITAT-DELHI)

  15. ITAT Mumbai · 08 May 2026
    Mumbai ITAT Rules No Capital Gains on Tenancy Rights Transfer in FY 2017-18 Where Possession of New Flat Was Handed Over in FY 2019-20—Department Barred from Reinterpreting Tripartite Redevelopment Agreement

    Jigar Sevantilal Shah Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38126 (ITAT-MUMBAI)

  16. ITAT Delhi · 08 May 2026
    Delhi ITAT Upholds Exemption for Charitable Trust Despite Delay in Filing Form 10B Audit Report, Citing Curable Procedural Defect

    Noida Golf Course Society Vs DCIT

    (2026) TaxCorp(LJ) 38125 (ITAT-DELHI)

  17. ITAT Delhi · 08 May 2026
    Delhi ITAT Emphasizes Right to Fair Hearing, Remands Case to AO for Fresh Adjudication due to Procedural Lapses

    Ateeya Estates Private Limited Vs Income tax Appellate Tribunal Delhi

    (2026) TaxCorp(LJ) 38124 (ITAT-DELHI)

  18. ITAT Delhi · 11 May 2026
    Delhi ITAT Confirms BSNL’s Deduction on 3G Spectrum Fees, Deletes Addition of Government Loan Principal under Section 43B

    Bharat Sanchar Nigam Ltd Vs ACIT

    (2026) TaxCorp(LJ) 38123 (ITAT-DELHI) · Sections 35ABB, 43B, 115JB

  19. ITAT Chandigarh · 11 May 2026
    Chandigarh ITAT Rules Fly Ash Sale Proceeds as Taxable Business Income; Rejects Assessee’s Liability Claim

    Haryana Power Generation Corporation Limited Vs Asst. CIT

    (2026) TaxCorp(LJ) 38122 (ITAT-CHANDIGARH)

  20. ITAT Delhi · 11 May 2026
    Delhi ITAT Upholds Dismissal of Appeal: Nine-Year Delay Not Condoned Due to Absence of Reasonable Cause

    Rishi Aggarwal Vs The DCIT

    (2026) TaxCorp(LJ) 38121 (ITAT-DELHI) · Section 153C

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